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This paper documents five stylised facts relating to price adjustment in the euro area, using various micro price … datasets collected in a period with relatively low and stable inflation. First, price changes are infrequent in the core … of producer price adjustment is greater (25%), reflecting that the prices of intermediate goods and energy are more …
Persistent link: https://www.econbiz.de/10014316096
Persistent link: https://www.econbiz.de/10011522263
This paper documents five stylised facts relating to price adjustment in the euro area, using various micro price … datasets collected in a period with relatively low and stable inflation. First, price changes are infrequent in the core … of producer price adjustment is greater (25%), reflecting that the prices of intermediate goods and energy are more …
Persistent link: https://www.econbiz.de/10014374697
This paper analyses the implications of the evidence on micro price setting gathered by Price-setting Microdata … evidence. According to models calibrated to the euro area micro evidence in Gautier et al. (2022, 2023), infrequent price … changes and moderate state dependence in price setting should result in a meaningful Phillips curve in the euro area …
Persistent link: https://www.econbiz.de/10014374699
This paper analyses the implications of the evidence on micro price setting gathered by Price-setting Microdata … evidence. According to models calibrated to the euro area micro evidence in Gautier et al. (2022, 2023), infrequent price … changes and moderate state dependence in price setting should result in a meaningful Phillips curve in the euro area …
Persistent link: https://www.econbiz.de/10014353271
This paper documents five stylised facts relating to price adjustment in the euro area, using various micro price … datasets collected in a period with relatively low and stable inflation. First, price changes are infrequent in the core … of producer price adjustment is greater (25%), reflecting that the prices of intermediate goods and energy are more …
Persistent link: https://www.econbiz.de/10014353273
, indicating that firms perceive little link between price and wage inflation. Finally, an experimental treatment indicates that an …
Persistent link: https://www.econbiz.de/10013323404
This paper analyses the implications of the evidence on micro price setting gathered by Price-setting Microdata … evidence. According to models calibrated to the euro area micro evidence in Gautier et al. (2022, 2023), infrequent price … changes and moderate state dependence in price setting should result in a meaningful Phillips curve in the euro area …
Persistent link: https://www.econbiz.de/10014316106
Persistent link: https://www.econbiz.de/10011483924
Persistent link: https://www.econbiz.de/10010234175